garnishment

A legal process whereby a debt owed by a third person (garnishee) to a judgment debtor, or property of a judgment debtor held by that third person garnishee, is attached by a creditor toward satisfaction of the obligation or debt owed by the judgment debtor to the judgment creditor. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms2012.

garnishment

A legal process whereby a debt owed by a third person (garnishee) to a judgment debtor, or property of a judgment debtor held by that third person garnishee, is attached by a creditor toward satisfaction of the obligation or debt owed by the judgment debtor to the judgment creditor.

Look at other dictionaries:

garnishment — gar·nish·ment / gär nish mənt/ n: a remedial device used by a creditor to have property of the debtor or money owed to the debtor that is in the possession of a third party attached to pay the debt to the creditor; specif: attachment of the… … Law dictionary

garnishment — [gär′nish mənt] n. 1. a decoration; embellishment 2. Law a proceeding by which a creditor plaintiff seeks to attach money or property in the possession of a third party in order to satisfy a debt owed by the defendant … English World dictionary

Garnishment — A garnishment is a means of collecting a monetary judgment against a defendant by ordering a third party (the garnishee) to pay money, otherwise owed to the defendant, directly to the plaintiff. United States Wage garnishment Wage garnishment,… … Wikipedia

garnishment — /gahr nish meuhnt/, n. 1. Law. a. a warning, served on a third party to hold, subject to the court s direction, money or property belonging to a debtor who is being sued by a creditor. b. a summons to a third party to appear in litigation pending … Universalium

garnishment — garnishee gar‧ni‧shee 1 [ˌgɑːnɪˈʆiː ǁ ˌgɑːr ] also gar‧nish [ˈgɑːnɪʆ ǁ ˈgɑːr ] verb [transitive] LAW if a court of law garnishees someone s money or property, it orders an organization holding it, for example a bank or an employer, to send it to… … Financial and business terms

garnishment — A proceeding whereby a plaintiff creditor, i.e., garnishor, seeks to subject to his or her claim the property or money of a third party, i.e., garnishee, owed by such party to defendant debtor, i.e., principal defendant. Van Maanen v. Van Maanen … Black's law dictionary

garnishment — A proceeding whereby a plaintiff creditor, i.e., garnishor, seeks to subject to his or her claim the property or money of a third party, i.e., garnishee, owed by such party to defendant debtor, i.e., principal defendant. Van Maanen v. Van Maanen … Black's law dictionary

garnishment — Trustee Trus*tee , n. (Law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person… … The Collaborative International Dictionary of English